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Why PricewaterhouseCoopers Luxembourg?PricewaterhouseCoopers Luxembourg (www.pwc.com/lu) has about 1,800 professionals from 49 different countries. PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
www.pwcacademy.lu© 2009 PricewaterhouseCoopers S.à r.l.. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
For further information please contact:Valérie Arnold AMRE Audit Partner, PwC Luxembourg Tel: +352 49 48 48 2285 [email protected]
Nicolas Lefèvre Directeur, PwC ACADEMY Tel: +352 49 48 48 2296 [email protected]
Suggested Training Plans
Compliance Officer:Fundamentals of the Investment Funds industry in LuxembourgUpgrade your technical skills in the Investment Funds industryIntroduction to Financial Risk ManagementRisk Management for Investment FundsManagement of the risks associated with the use of financial derivative instruments in the framework of UCITS IIIUCITS III: Focus on eligible assetsCSSF 2002/77: Key Concepts and Implementation issuesIntroduction to Hedge FundAdministration and Management of Private Equity Funds and SICARAdministration and Management of Real Estate Investment vehiclesHedge Funds: Administration and complianceAML e-learning
Accountant:Fundamentals of the Investment Funds industry in LuxembourgUpgrade your technical skills in the Investment Funds industryNet Asset Value calculation: basic principlesIntroduction to derivatives in the Investment Funds administrationValuation of OTC DerivativesCSSF 2002/77: Key Concepts and Implementation issuesPerformance feesIntroduction to Hedge FundAdministration and Management of Private Equity Funds and SICARAdministration and Management of Real Estate Investment vehicles
Transfer Agent:Fundamentals of the Investment Funds industry in LuxembourgUpgrade your technical skills in the Investment Funds industryAML e-learningIntroduction to Transfer Agent
Domiciliary Agent/Legal Agent:Fundamentals of the Investment Funds industry in LuxembourgUpgrade your technical skills in the Investment Funds industryIntroduction to derivatives in the Investment Funds administrationUCITS III: Focus on eligible assetsCorporate Life under 2002 law UCIsIntroduction to Luxembourg Taxation for Investment Funds
Client Relationship Manager:Fundamentals of the Investment Funds industry in LuxembourgUpgrade your technical skills in the Investment Funds industryIntroduction to derivatives in the Investment Funds administrationMicrofinanceIslamic financeIntroduction to Hedge FundAdministration and Management of Private Equity Funds and SICARAdministration and Management of Real Estate Investment vehiclesAML e-learning
Suggested Training plans
Compliance Officer:Fundamentals of the investment funds industry in LuxembourgUpgrade your technical skillsManagement of the risks associated with the use of financial derivative instruments in the framework of UCITS IIIUCITS III: Focus on eligible assetsCSSF 2002/77 : Key Concepts and Implementation issuesAML e-learning
Accountant:Fundamentals of the investment funds industry in LuxembourgUpgrade your technical skillsNet Asset Value calculation: basic principlesIntroduction to derivatives in the investment funds administrationCSSF 2002/77: Key Concepts and Implementation issuesPerformance fees
Transfer Agent:Fundamentals of the investment funds industry in LuxembourgUpgrade your technical skillsAML e-learning
Domiciliary Agent:Fundamentals of the investment funds industry in LuxembourgUpgrade your technical skillsIntroduction to derivatives in the investment funds administrationUCITS III: Focus on eligible assetsCorporate Life of 2002 law UCIsAML e-learning
Legal Agent:Fundamentals of the investment funds industry in LuxembourgUpgrade your technical skillsIntroduction to derivatives in the investment funds administrationUCITS III: Focus on eligible assetsCorporate Life of 2002 law UCIsAML e-learning
CRM:Fundamentals of the investment funds industry in LuxembourgIntroduction to derivatives in the investment funds administrationMicrofinanceIslamic finance
Asset Management Training Program • 18 new courses created in 2009
• 3500 clients trained in 2009
• Trainings delivered by PwC experts and experienced professionals
• Practical and business-oriented
• Trainings can be delivered in French, English or German
• Trainings can be tailored as in-house solutions
www.pwcacademy.lu
Asset Management Training Program
Technicalcourses
Soft Skillscourses Facilities
TrainingAdvisory
Specific areas
Introduction to Transfer Agent ................................................1 day
Day-to-day businessInvestment Funds distribution and transfer agentRisks Future outlook
IFRS for Investment Funds ........................................................0,5 day
US GAAP for Investment Funds ...............................................0,5 day
Fair Valuation principles applicable to the Investment Funds industry ..........................................................................................1 day
Workshop designed to highlight the challenges linked to a fair value process as well as a thorough analysis of best practices.
Net Asset Value calculation - basic accounting principles ..... 1day
Performance fees .....................................................................1,5 day
Understanding the principles of the performance fees calculation and providing some considerations impacting the main actors before introducing a performance fee including equalisation.
Introduction to Financial Risk Management .......................1 day
Different types of risks, national and international legislation, quantitative and qualitative methods, basis of Asset and Liability Management, Financial Risk Management organisations.
Risk Management for Investment Funds .............................1 day
Fight against money laundering and terrorist financing ...0,5 day
Workshop that highlights the requirements regarding this topic and addresses in a practical way the questions you and your team are confronted with in the light of the new enforced legislation and the «progressive» evolution of anti-money laundering regulations.
Anti-Money Laundering e-learning ........................................0,25 day
Comply with the regular AML training requirement set by the law.
The Fight against the Financial Crime ................................ 7x0,5 day
Modular training programme for experienced professionalsthat addresses issues, from both a theoretical and practical angle, that specialists are regularly confronted with but do not always find ready solutions to. It provides an overview on latest developments and best practices.
Key concepts and implementation issues
• Module 1: Overview of key concepts .....................................0,5 day
• Module 2: Impacts recalculation .............................................0,5 day
• Module 3: Optimisation of compensation processes in case of NAV errors ...............................................................................0,5 day
• Module 4: Optimisation of compensation processes in case of investment breaches .................................................................0,5 day
Module 5: Optimisation of compensation processes in case of investment breaches of limit 5%-40% ................................. 0,5 day
Islamic Finance ............................................................................1 day
Understanding the basic principles of Islamic Finance as well as providing some insight into the market and the region.
Microfinance .................................................................................1 day
Induction training providing a global overview of the basic principles and challenges of Microfinance. Analysis of sector-specific risks and related issues.
Administration and Management of Private Equity Funds and SICAR .....2 days
Dedicated training workshop designed to provide Luxembourg professionals with a comprehensive overview of the latest industry trends, as well as a thorough analysis of sector-specific issues and best practices.
IFRS for Private Equity ......................... 1 day
This specific training addresses issues of IFRS related to Private Equity in details. This module will provide participants with a detailed overview of IFRS in Private Equity.
Private Equity
Administration and Management of Real Estate Investment vehicles ..................2 days
Dedicated training workshop designed to provide Luxembourg professionals with a comprehensive overview of the latest industry trends, as well as a thorough analysis of sector-specific aspects such as valuation, risk management, legal and regulatory, accounting and tax issues.
IFRS for Real Estate .............................. 1 day
This specific training addresses issues of IFRS related to Real Estate in details. This module will provide participants with a detailed overview of IFRS in Real Estate.
Real Estate
UCITS IV: Opportunities and challenges ..........................0,5 day
Major foreseeable changes resulting from the UCITS IV Directive and issues that will impact the various actors in the Luxembourg Funds industry.
Regulatory Framework of the Luxembourg Investment Management industry ..................................................................0,5 day
Structures available in Luxembourg, key laws and circulars, governing bodies and service providers.
Corporate Life under 2002 law UCIs ...........................................1 day
Rights of investors, roles of governing bodies, organisation of meetings, publication of reports.
Restructuring, merger and liquidation under 2002 law UCIs 1 day
Procedures, reasons and issues.
BASEL II, MIFID and other regulatory and taxation requirements specific to Investment Firms ...........................0,5 day
New!
Legislation and Regulation
Principles of investment policies and investment restrictions ................................................................. 1 day
UCITS III: Focus on eligible assets .............................................1 day
Management of the risks associated with the use of financial derivative instruments in the framework of UCITS III
• Module 1: Operation of financial derivative instruments and associated risks .......................................................................... 2 days
• Module 2: Traditional market risk measurement method and Value-at-risk ...................................................................................1 day
• Module 3: Practical aspects of the implementation of CSSF Circular 07/308 and 08/356 ........................................................1 day
In-house compliance trainings with dedicated modules adapted to your specific individual needs.
Compliance
Accounting and Reporting
German Tax Reporting for Invesment Funds
• Module 1: General provisions of the Investment Tax Act and reporting requirements (current legislation and after Flat Tax rate) ..........................................................................................1 day
• Module 2: Computation of equity income, interim profit and real estate income .............................................................................0,5 day
• Module 3: Implication of the Flat Tax Rate ............................0,5 day
German Tax
Introduction to Derivatives in the Investment Funds administration ................................................................................. 2 days
Forward Rate Agreements, Futures, Swaps, Options.
Complex Derivatives .......................................................................1 day
Swaps, Credit Derivatives, Options, Index, Interest rates.Credit Derivatives ............................................................................1 day
Exotic Options ...............................................................................1,5 day
Securitisation: An efficient tool for accessing capital markets ...............................................................................................1 day
Basic principles and introduction to securitisation, the Luxembourg context, IFRS aspects.
Asset-backed and mortgage-backed securities .....................1 day
Valuation of OTC derivatives ........................................................1 day
Derivatives and Financial Instruments
Social Responsible Investment
CSSF 2002/77AML and Risk Management
Transfer Agent
Alternative Funds
New!
New!
New!
New!
CoreIntroduction to the Investment Funds industry
Module 1: Fundamentals of the Investment Funds industry in Luxembourg .................................................................................1.5 days
Legal and Regulatory FrameworkService providers and intervening partiesOperational aspects (Transaction cycles and NAV calculation)Risks and Controls
Module 2: Net Asset Value calculation - basic accounting principles ........................................................................................... 1.day
Net Asset Value calculationAccounting principles (subscriptions/redemptions, sales/purchases of securities…)Practical Case Study
Upgrade your technical skills in the Investment Funds industry
Market UpdateTrends and Innovation
Fair Valuation
Principles, risks and challenges
Investment Restrictions for UCITS and non-UCITS
Legal framework, eligible assets
CSSF 2002/77Main applications and issues
Become an expertOne-to-one or small group training programmes that can be customised to cover your specific Investment Funds business requirements. All you need to do is list the topics you want covered and the amount of time you want to spend on them. Our subject matter experts will do the rest.
1 day
New!
VAT Package: Be ready to apply the new VAT rules as from 2010 ..............................................................................................0.5 day
VAT for financial activities
• Module 1: The basics ................................................................0.5 day
• Module 2: Advanced with specific workshops related to Funds and Investment Management ..................................................0.5 day
Transfer Pricing - Fund Manager Module .........................0.5 day
Introduction to Luxembourg taxation for Investment Funds ...... ..............................................................................................................0.5 day
Luxembourg Tax Regime for Specialised Investment Funds ........................................................................................................0.5 day
European Savings Directive ......................................................0.5 day
Taxation
New!
New!
New!
New!
New!
New!
New!
New!
AIFM Proposed Directive .........................................................................................................................................................................................1 day
Key provisions, unattended consequences and main impacts in Luxembourg.
Regulatory Framework
New!
Introduction to Hedge Fund .............0,5 day
Discovering the Hedge Funds origin and developments, their main characteristics, the investment strategies, as well as providing some considerations to the current hot topics such as the proposed AIFM Directive.
Administration and compliance 0,5 day
Providing considerations over Hedge Funds/Fund of Hedge Funds administration best practices (including but not limited to such areas as valuation, reporting, basics of performance fees, etc.).Providing a basic understanding of Hedge Funds legal and regulatory aspects in both Luxembourg and offshore jurisdictions.Introducting to hot topics: side pockets, liquidity, financial crisis, etc.
Advanced investment strategies 0,5 day
Comprehensive overview of the diversity of Hedge Fund investing strategies.
Performance fees ........................... 1,5 day
Understanding the principles of the performance fees calculation and providing some considerations impacting the main actors before introducing a performance fee including equalisation.
How to face liquidity issues in Investment Fund? ............................. 1 day
Dedicated training workshop designed to provide professionals with a comprehensive overview of the main liquidity techniques used by industry players in Luxembourg and helping them assessing the ones that best address their particular situation.
Hedge Funds
New!
New!
New!
New!
